Found 44 blog entries tagged as calgary.

Prices reach new record high

May 1, 2023 - Persistent sellers’ market conditions placed further upward pressure on home prices in April. After four months of persistent gains, the total unadjusted benchmark price reached $550,800, nearly two per cent higher than last month and a new monthly record high for the city. 

“While sales activity is performing as expected, the steeper pullback in new listings has ensured that supply levels remain low,” said CREB® Chief Economist Ann-Marie Lurie. “The limited supply choice is causing more buyers to place offers above the list price, contributing to the stronger than expected gains in home prices.”

In April, sales reached 2,690 units compared to the 3,133 new listings. With a sales-to-new-listings ratio of 86…

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Coming Soon - 10 Masters Place SE

Welcome to 10 Masters Place SE, an immaculate family home originally built by Jayman, offering 3 bedrooms and 2.5 bathrooms in the beloved community of Mahogany.  Get ready to spend your summer by the lake once you call this one home!  Offering 2,637 square feet, you are sure to be impressed by the luxury and elegance found throughout this well designed home.  

Mahogany Lake offers true recreation all year round, including kayaking and paddle boarding in the summer, and skating and ice hockey in the winter. Come and be a part of Calgary’s best lake community in this perfect family home! Close to shopping, restaurants, schools.

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Coming Soon - 887 Seton Circle SE

Welcome to this stunning Jayman Built home on a rare traditional homesite in the fully developed area of Seton. No construction noise to deal with! This highly upgraded home is less than 2 years old and equipped with all the energy saving features of a brand new home.  Fight the rising costs of utility bills with 12 solar panels, tankless hot water heater, smart thermostat and triple pane windows!  Thinking of an electric vehicle?  The garage is already equipped with the wiring needed to install the charger.  

Fall in love with the gourmet kitchen featuring KitchenAid appliances in this home, including built-in wall oven and microwave/convection oven combination. High ceilings are a theme in the home…

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2023 is off to a great start! In addition to recently receiving eXp Realty's ICON Agent Award, we are so excited to announce that Erin has made the inaugural eXp Realty Top 50 Individuals by volume list in Canada, ranking #22. We couldn’t have done it without our clients, friends, family, and supporters. This is an incredible achievement and we are thrilled to share it with all of you. Thank you eXp Realty and thank you to everyone who has supported Erin. Let’s make 2023 the best year yet!

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Welcome to 187 Heritage Lake Drive, a stunning 4 car garage estate home located just steps away from the 28 acre Heritage Pointe Lake. You do not want to miss out on this opportunity to move into a beautifully renovated 5 bedroom luxury walkout home. No features were overlooked, from the new kitchen and appliances, elegant engineered hardwood, modern designer light fixtures and fresh paint throughout. This home includes 3 fireplaces, a full theatre room, a gym, and bar. Don’t forget the stunning outdoors space including the vinyl wrapped deck and covered lower patio all nestled on the spacious 0.42 Acre homesite. Watch for more details to come February 23rd when this home goes live on the market.

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February 2023

Calgary Monthly Statistics

The Calgary Real Estate Board (CREB®) shows the lowest new listing levels since late in the 1990's, seeing the largest decline for lower priced properties.
“Higher lending rates are causing many buyers to seek out lower-priced products in our market,” said CREB® Chief Economist Ann-Marie Lurie. “However, the higher rates are likely also preventing some move-up activity in the market impacting supply growth for lower-priced homes. This is causing differing conditions in the housing market based on price range.”

CREB® February 1, 2023

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Coming Soon to the highly desirable community of Auburn Bay, 60 Auburn Sound Terrace SE.  This fully developed walkout home is situated on an oversized pie lot that is a quarter acre in size and located at the end of a quiet cul-de-sac.  Enjoy lake life within walking distance to Auburn Bay's exclusive central lake, and a short drive from all the amenities neighboring Seton has to offer.  This 4 bedroom home is not one to be missed!

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Calgary housing market expected to stabilize in 2023 

City of Calgary, January 24, 2023 - The Calgary Real Estate Board (CREB®) has released its 2023 Forecast Calgary and Region Yearly Outlook Report. The report, which is prepared by CREB® Chief Economist Ann-Marie Lurie, provides a detailed analysis of the economic and housing market trends in Calgary and surrounding areas for the upcoming year.

According to the report, elevated lending rates are expected to weigh on sales in 2023, bringing levels down from the record high in 2022. However, with forecasted sales of 25,921 in 2023, levels are still expected to be higher than the activity reported before the pandemic.

“Higher commodity prices, recent job growth, record high migration and relative…

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Coming soon to the desirable urban community of Seton. Built in 2019, this 2 bedroom, 2.5 bathroom townhome has an attached tandem garage and modern finishings. Located within walking distance to the world's largest YMCA, Calgary South Health Campus Hospital, Cineplex, shopping, and services, this home is perfect for the first time homebuyer or investor. Don't miss it!

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December 2022

Calgary Monthly Statistics

The pullback in sales over the past six months was not enough to erase gains from earlier in the year as year-to-date sales remain nearly 10 per cent above last year’s record high. The year-to-date sales growth has been driven by a surge in both apartment condominium and row sales.

“Easing sales have been driven mostly by declines in the detached sector of the market,” said CREB® Chief Economist Ann-Marie Lurie. “Higher lending rates are impacting purchasers buying power and limited supply choice in the lower price ranges of the detached market is likely causing many…

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